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META FRAUD ALLEGATIONS
Thai watchdog to sue Meta over Facebook scam ads targeting usersIn previous cases, the company has said it invests in measures to detect and remove scam content and works with regulators and law enforcem...- Google, Meta, TikTok hit by EU consumer complaints about handling of financial scamsThe move highlights growing pressure worldwide on Big Tech to do more to address the negative impacts of social media, particularly for chi...
- Google, Meta, TikTok hit by EU consumer complaints about handling of financial scamsBig Tech firms Google, Meta, and TikTok face complaints in Europe. Consumer groups allege these platforms fail to stop financial scams. Use...
- California county sues Meta over scam adsSanta Clara County has filed a lawsuit against Meta Platforms, claiming that the company profited from deceptive advertisements circulating...
- California county sues Meta over scam adsSanta Clara County has filed a lawsuit against Meta Platforms. The county alleges Meta profited from scam advertisements on Facebook and In...
- Can’t trust WhatsApp: Elon Musk, Pavel Durov warn against platform’s alleged privacy failuresElon Musk and Pavel Durov have criticised WhatsApp over privacy concerns. Musk said "can't trust WhatsApp" and instead promoted X Chat, whi...
- Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
- Meta created 'playbook' to fend off pressure to crack down on scammers, documents showMeta faced pressure over scam ads on Facebook and Instagram, especially from Japan. Internal papers show it reduced how easily regulators c...
- Meta sued by US Virgin Islands over ads for scams, dangers to childrenThe US Virgin Islands has sued Meta, accusing it of allowing scam adverts and failing to protect users, including children. The case cites ...
- US senators call for probe of scam ads on Facebook and Instagram"The FTC and SEC should immediately open investigations and, if the reporting is accurate, pursue vigorous enforcement action where appropr...
- Big Short Michael Burry warns: Meta and Oracle may be hiding billions and fudging earnings by over 20%Michael Burry financial fraud warning: Michael Burry, famed for predicting the 2008 housing crash, is now warning Big Tech firms about pote...
- Curefoods pre-IPO dough; RBI's new mandateCurefoods secures pre-IPO funding from Binny Bansal's 3State Ventures. This and more in today's ETtech Top 5.
- Google defeats part of US shareholder class action over digital adsA US judge dismissed part of a lawsuit against Google, which accused the company of misleading investors about its digital advertising prac...
- Apple, Meta likely to face modest fines over DMA breaches, sources sayBoth companies have been in the European Commission's crosshairs since last year for potential breaches of the Digital Markets Act which co...
- Meta knew it used pirated books to train AI, authors sayAuthors, including Ta-Nehisi Coates and comedian Sarah Silverman, accused Meta Platforms of using pirated books to train its AI, with CEO M...
- US Supreme Court examines Nvidia bid to avoid securities fraud suitThe justices heard arguments in Nvidia's appeal of a lower court's decision allowing a 2018 class action-litigation led by the Stockholm, S...
- Is Elon Musk really ready to fight Mark Zuckerberg and take on Venezuelan President Nicolas Maduro?Elon Musk recently declared that he would be fighting Mark Zuckerberg, referring to him as a "little fella" and implying that it would be a...
- Australian watchdog sues Facebook-owner Meta over fake crypto adsMeta said any ads that scammed people out of money or misled users violated its policies and the company uses technology to detect and bloc...
- Australian watchdog sues Facebook-owner Meta over scam advertisementsThe lawsuit filed in the Federal Court also alleges Facebook "aided and abetted or was knowingly concerned in false or misleading conduct a...
- Twitter, Meta among tech giants subpoenaed by January 6 panelThe committee chairman, Rep. Bennie Thompson, demanded records on Thursday from the companies relating to their role in allegedly spreading...
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